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20121224
20130101
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CNBC 6
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Search Results 0 to 32 of about 33 (some duplicates have been removed)
, the republicans lose. and in a way that perhaps is more telling than just what one election result might suggest. >> well, i think it certainly does. and it gives him a certain platform and credibility that perhaps he didn't have before. but watching as these fiscal cliff negotiations have gone through the holidays, it certainly is perhaps a little bit more of a bully pulpit for the president and for his position on taxes. but i think the biggest story of the year came at the end of the year, in the past week or so. which is the massacre at the elementary school in sandy hook, newtown. those are the stories that barnicle and andrew have chosen as the top stories of 2012 to cover. mike barnicle, would you agree, that this could be his signature for his second term? >> i do. i do agree with that. i think the events of a few days ago in newtown, connecticut, will help shape a good portion of the president's second and final term in office. i think it gives us a huge impetus to changes in this country that had been, that have taken too long to take hold. i think the presidency itself, i think the ma
problem of the country, the spending. >> and it's sort of interesting. nevada re-election him, that's their choice but the rest of the country is held hostage. people in my home state of wisconsin, if they don't like harry reid has majority leader there's nothing they can do. they can put pressure on their senators, but for the most part senator harry reid is in a very powerful position. >> i think he's taking orders from president obama. this is time for the president of the united states to lead. there's only one person who has the pen who can sign into law the law preventing us from going over the cliff and if the president actually wanted to get it done, he would tell harry reid and others this is what we had to do and he would make the arrangement to make sure we didn't go over the cliff. so i think he's just -- senator reid is just playing the role for president obama. >> you said he's eager to go over the cliff because he gets his revenue, he gets his cut. >> blame republicans. >> and he can blame republicans but the problem is many economists say if we do go over the cliff,
't understand how these people cannot do their jobs that they're elected to. so i'm wondering what's your take on what's going on in washington? you're sitting in washington. >> right. the at least we have bipartisan agreement it's all nuts, right? everyone agrees this is ridiculous and in spite of what they say, they've been talking about it for months and years and there was ample talk about what a framework should be through the election, which wasn't that long ago. there's plenty of debate. to tie the two stories we have been talking wiabout together, there was a colin powerful doctrine that general schwartzkopf executed so well in the first gulf war. which was have an exit strategy and using overwhelming force. this congress had an exit strategy. they had the idea of overwhelming force, and they set themselves these limits. if they got through this deadline the pain would be so great on themself -- this is self-imposed -- they would find a way out. they have not executed their own strategy and been able to vote for their own leadership. what you have in washington just to take a step back
say more things are on the table than were before the election. the pessimist would say yeah, but there still isn't the substance of an agreement. >> the mechanics, i mean, what we have -- on the obama side, you have an election that pretty much, you know, they took as a mandate, if you will, where, you know, the very issue of taxes was sort of legislative, and the americans basically said they agreed with the president, saying that taxes need to rise on the wealthy. and then you have the right wing of the republican party who won also by wide margins in many deeply conservative districts. and they think they have a mandate. so in a way, it's like the two mandates are canceling each other out. they each think that they are -- and that is why we're frozen. i don't know if it's been that way -- i don't know if the mechanics have been such that it has been so polarized to the point where it's been paralyzing. >> where they feel like they've each won. >> it doesn't baffle me, it sort of angers me is that the conservative republicans who won by overwhelming margins in their distri
people at the top and everybody who is elected has to use the same talking points and vote the way they are told to vote rather than allow republicans to use their own brain. the best thing for america to do is to throw the republicans out and demand the democrats govern the way the country should. thank you for the opportunity to speak on c-span. host: thank you for the call. this is from our twitter page. we are about to reach the debt limit. let's go back to the cnbc website. "hours from the fiscal cliff, washington awaits deal." experts foresee a significant drag on the economy. negotiators keeping the bush-era tax cuts in place for all but the wealthiest americans. this is having a huge impact on what the markets want, which is some certainty. good morning, andy. caller: i was a volunteer rescue worker at the world trade center. i have two cancers. these guys want to mess with social security. there was a guy on yesterday. he was willing to pay a little more. he will still have over $200,000 left. he'll have maybe $20,000 last. it is ridiculous. we of the strong people. we are
, but it's also very important to continue to go very actively in this direction. 2013 we'll see elections in germany and in italy. do you think it could lead to some sort of political stand by or quite the opposite, it could speed up the political reshaping in the eurozone? >> first of all, i think that the situation in all countries, you ever responsibility toes be taken and i am not of the opinion that there are divisions in the public opinion in any country in europe that would translate in major changes in the policies pursued. so i am confident that this historical endeavorer which is reinforcing the european union, reinforcing government, fiscal and economic governments will go on and until now, all elections in all countries and we have 17 democracies so you have perchl elections have confirmed the determination of the european to go on and to pursue their, again, historical endeavor. this is something which is very important. ten from new york, ten from, i would say, hong kong and shanghai, in from singapore. you have a difficulty to understand that underlying you have a historica
and you will like it. you know what it reminds me of? elections have consequences. i won. it's not a nice tack to the center where i'm going to govern for all of you. are you coming back? >> i'm going to. >> the jacket is coming off, though, right? >> christmas eve and i'm celebrating. as you know, we had the tree going this weekend with the lights on. >> that's so nice. there's one other thing i sought on that thing over the weekend that you brought us that i was going do -- oh,no. did you see mitt romney did not want to run? >> i saw that. that was in the boston globe. that was a great piece worth reading. then he found out how bad things were going on his ipad. >> yeah. but maybe he didn't want to run because there were times i really kind of thought it looked like he didn't want to run. >> yeah, but towards the end, i thought he did. >> he tried hard. thanks. >> okay. >> come over here. >>> in other news, a dock worker strike on the atlantic and coast could be just days away. port operators have been negotiating with the long shoreman association since march. but the two sides are sai
reasons. one, because it affect add president that they really like, and remember, the media helped elect president obama, and they helped him stay a elected and one of the reasons was dismissing stuff like that. and the second thing, it's fox news dismissal syndrome, fnds. when it shows up on fox news and it is reported, then the other networks go it's not a story. you get the weird irony that people in the media are hoping that the american people are ignorant t used to be the media would say if only we had a more educated public. now they are getting educated on the story, and, no, it's not a story. >> this is a very serious case obviously. a lot of people disheart ended there wasn't a more thorough investigation and sitting on documents and not coming forward with what the american people needed to know. and benghazi, this story is still going on, the investigation, who is going to testify, who is not. and still more questions than answers. >> amazing. there is a guy in jail because of a video that was blamed for these riots and for this horrible, horrible tragedy. the real scandal is
and forth between republicans and democrats sounds like we're still having an election that it never was over. i think that now -- now that we've had an election, and the american public has spoken, whatever they meant, it's time for the politicians to get together, come together as starbucks is saying, and get something done. nobody's going to get everything they want. but it's so much more important to solve the problem than for one side or the other to get what they want or blame the other. the atmosphere is just wrong. >> when you hear the argument for going over the cliff. when it's been told to me by both democrats and republicans, by actually some republicans as well, they say that it would be easier to get a deal after january 1st, because taxes will go up, and anything they do is a big tax cut. do you think that's right? do you think that we just need to wait this out and then it will happen quickly? >> no, i think if we do go over the cliff or down the slope, that there will be every reason to get it done quickly. people will be horrified at what's happened. but i don't thi
was seen strict irbefore the elections and hand brought forward the dematte manned that might have been in the future, people wanted to bite hand guns. >> always the case. any time the debate over gun control flares up. >> does the framework of the "wall street journal" piece tell us anything new about best buy, sears? >> for sears, we have seen them cut costs, cut costs, sears and the kmart stores. it seems that this year the reckoning, the kmart operation, people have lost track of that if you send people inside kmart today, i think you basically find a relatively horrifying situation for the average consumer. i mean, really bad stores that haven't been given the proper maintenance budgets that they deserve. for -- is it life or death? no h i think for the kmart part of it, there will be some sort of reckoning. i say life or death maybe moves more into that category for radioshack that stock has just been getting pummeled. tried to adapt themselves as mobile phone retailer and margins getting killed in kind. so i think this year is sort of that moment, someone come in and do an lbo, e
and responsibility to send our elected officials a potent message urging them to come together. poppy harlow recently sat down with schultz. tell us more about what starbucks is trying to do here. >> the timing is certainly spot on, joe, right, as congress comes back in session from the holidays tomorrow. if it they go to starbucks, they'll get the message loud and clear from their barista. this will be will d.c., is this parts of virginia. they will voluntarily where "come together" to urge politicians to get a deal done on the fiscal cliff before the end of the year. and i wasn't very surprised because howard schultz has been very outspoken. we sat down earlier this month to talk about the fiscal cliff and the risks to u.s. businesses, to the world economy and to the average u.s. citizen if we don't have a deal, if we don't get it done. i want you to take a listen to what he fold me. >> the real difference today versus perhaps any other time in history is that this single issue has a seismic effect on the rest of the world, that we have never been as connected and the domino effect of a bad outcome
our elected officials a respectful but potent message. interesting way to do it. >> the problem with the starbucks, they'll cut a deal. >>> let's talk about sports, shall we? call him a bad quarterback but do not call him a bad teammate. tim tebow firing back after a report that said he asked to sit out some offensive plays on sunday after being snubbed for the jets starting quarterback job. espn says tebow was so upset with the perception that he quit on the team that it dampened his christmas. as for tebow, he will likely be out of new york by next year, headed to presumably the jacksonville jaguars, his home team. but you know what this is? world's smallest violin. you think i feel sorry for him? >> especially with $5 million after being traded from denver. come on, tim, you're terrible. >> oh! >> he's got a lot to say. >> back to the dinner topic right now. as we have told you, president obama lands in washington today, back from hawaii to take part in negotiations over the f is cal cliff, but it seems increasingly unlikely that we are going to have a plan that congress can
election when that guy came in who did not take them out of euro to. meet biggest things that happened this year were things that didn't happen. no greece exit, no china hard landing and no u.s. slipping into a recession. therefore, the market has been able to lift. >> the last thing that may not happen is the fiscal cliff resolution, too. that could throw an iron in the fire. we've all got to be mindful of the possible debt downgrade. moody's and fitch are still at aaa and they have been rumbling they might take us down, and i think if s&p goes down a notch, mandy, that's not good for the market. >> the fact that these predictions did not come true i guess show that making predictions -- >> it shows the value of strategists. >> okay. >> it shows the value of vat jists. >> what are you predicting for 2013? >> i think you have to watch things in europe. the big day is the september 11th elections in germany and germany could be harder after the election. in the first half is the sent ceiling discussion and finally profits, personal income and production, if those can do better than the
as it was at the beginning of the year, but the eu faces problems in 2013 as well -- a new election in italy could put silvio berlusconi back in power, and france's francois hollande has to tackle urgent issues at home, so there is plenty of work for europ's firefighters next year. >> the past year, we have often brought you images of very angry protests in greece that were mostly against the harsh austerity measures imposed by the government in return for a bailout funds from lenders. >> without this, greece would certainly have gone bankrupt, but it still a long way from clear that the bailout and the reforms they are tied to will get the economy back on the road to recovery. >> meanwhile, the suffering continues for the greek people. the situation is especially dire in rural villages. >> we are on our way to a village on the border with bulgaria. most of the village's 500 inhabitants are muslim -- a minority in the orthodox christian country. the village also claims the dubious distinction of being the poorest village in greece, with an average income of roughly 6000 euros a year. >> everything is being c
much of a deficit. >> worry me this question. can you get elected if you say i am going to cut this and cut that unless money flows out. can you get elected f. you reform social security can you get elect medicare or medicaid. you can get elected. i will reform. post office. you can't get elected. >> kelly: you can't take it back. >> once you made the promise to pay how do you with draw. >> clayton: but you can get elected raising taxes. interpeffort the last election. >> julia: we didn't say your name at the beginning of the segment. >> clayton: he doesn't even need an bruction. he's so good. >> julia: this is your guy when you talk about fiscal cliff. >> i am guy with the accent. >> clayton: tune in fox business network . no one does it better stewart varney. ualjullove to your family and beautiful children. >> clayton: teachers trainn to use handgun to protect the school. we report and you decide. julaloha, hawaii. president is heading back to washington. is it too late to avoid the fiscal cliff. you can't answer it because you are leaving now. we'll talk about this next.
's presidential elections coming up in iran if you're a middle easterner, what do you do when it's campaign time? you pick fights with israel. >> clayton: and see that continue all year with the u.s. involvement there? >> it's going to have to. because israelis say iran has to have the program delayed by mid summertime. >> clayton: number two? >> there's no good option because you have assad the dictator butchering his people and rebels that are fighting him. they're not controlling what's happening on the ground, that's al-qaeda and the muslim brotherhood so the bloodshed as horrifying as it is now, wait till you see what happens. >> clayton: what about u.s. involvement in syria? there's been hand wringing whether we should get involved as in libya. i know there's movement to try to arm certain great news in syria, are we confident that's going in the right direction? >> no, because we've outsourced a lot of our role to countries like turkey and qatar and just like libya when you give them support on our behalf they support the islamists the people that we don't want to take over syria, without
] >> welcome back. it's been a rough couple months for republicans. they first lost the election -- i guess you can keep the music going. why not? now they are losing a deal on the fiscal cliff so there's no surprise they are losing hope for the future a new washington news poll says 70% of the gop is fearful about what lies ahead in 2013. all right. so let's take a look at this. 72% of republicans say they are very fearful wishes is up by double digits in what they were under president george w. bush and much higher, double digits up from 53% i guess when president obama took office. so, greg, are republicans just more grounded in reason so they are seeing the future as a real nail-biter because they are more focused, they get it more than liberals? >> conservatives in the republican party are like vampire killers. the liberals are generally hate the vampire killers because they are the bloodsuckers. so obviously the republicans are terrified the government is expanding and they are pessimistic about it where the liberals are hopeful because the vampires have the keys to the blood bank. >> did
on deeply held principles. and a lot of these house members got elected in districts that don't look anything like the rest of america. they're very extreme, gerrymandered districts in many case s with ca ca ca cases, and their own personal careers depend much more on how they're perceived back at home. so they don't necessarily care that this is one of the most unpopular congresses in recent history and one of the most unproductive congresses in recent history. they want to stick by their principles. >> it's true. and a lot of them say, eamon, i've been elected to be a check on the president and that's what a lot of this is about. >> right. this is deeply held, fundamental belief on both sides and there's a huge chasm between the two sides on these issues. and somebody's going to be a loser here if there's a deal. somebody's going to be perceived as having gotten rolled and neither side wants to be the party who got rolled here. i think both sides are looking at if fiscal cliff right now and saying, well, we could go over this thing. it wouldn't be the end of the world and that's a
elected officials in respectful but the message, urging them to come together to find common ground " on prices might still be recovering but the price of rentals has skyrocketed and many u.s. cities especially oakland and san francisco. san francisco that the no. 10 spot well open comes in at no. 2. according to the cnn report opens all rents surged partly fuelled by renters priced out of san francisco which is still booming with tech talent. the year over a rise the year over year rise in oakland was 11.6% in sampras's go it is a 5.8%. the number one spot goes to houston at 16.8%. we will be right back. óó >> we're watching the weather across the country because a lot of people are traveling this week. all of the weather we saw this past week has pushed east and now it is in new york. also parts of new england are being hammered by snow. this is a storm that has been given a name called winter storm euclid. it has dropped a foot of snow in some areas. it is causing a lot of travel problems including delays at laguardia. it is a video out of columbus ohio this morning we can see
in the referendum in the november election. when the doors open at 8:00 this morning, they will stay open 24 hours a day, that means you can come at any time of the day or night to enjoy any one of their 4700 slot machines or electronic games. coming up in the 6:00 hour, the general manager will be joining us here but again, as part of this new phase where they open 24 hours a day and bring in those table games it's going to create about 1200 new jobs. they are still hiring for some positions like table game managers, supervisors, security and surveillance. so you can of course go to their website to look those -- look for those jobs and apply for them. just so you know, when they go to 24 hours, some of the bars is restaurants will also be open. bars will stay open 24 hours and also we're told phillip's seafood restaurant will be open 24 hours as well. it all starts at 8:00 this morning and we'll be here for the opening when they unlook the doors -- unlock the doors and keep them open forever. live in anne arundel county at maryland live casino, linda so, abc2 news. >>> those along the eastern sh
-- send our elected officials a respectful but potent measurmes. the writing exercise will be carried out employees at 120 starbucks around d.c. president obama and congressional leaders will go back to work thursday. if they do not reach a deal by next week, tax hikes and automatic government spending cuts take effect. >> shoppers descended to grab christmas sales. they rushed into shops when the doors opened. some stores cut prices up to 75%. the day after christmas is very important for retails in central london. more than $80 million is expected to be spent today. 100,000 shoppers are expected to pass. the deadline for the fiscal cliff edging closer. the president and lawmakers will return to washington. what lies ahead and is there time to reach a deal? i look at the true holiday spectacular in howard county. stay tuned as we look at the symphony of lights. >> many families packed up and took a drive through the symphony of flights. this is the 19th year for the gigantic light show. tommy culp was there and brought this back with him. >>♪ >> how nice. that is all for me. here is wh
for elected officials to vote for something when they think it will be the end of their career. dagen: senator, that was, well, terrific conversation. thank you so much. it was great to see you. enjoy your new year. i will hold you to that. okay. i will hold you to it. >> you can count on it. dagen: be well. now, onto something just as troubling, but different. the weather. big storms with freezing rain and high winds is expected from the midwest all the way up into the northeast. now we go to chief meteorologist at whether bell.com. >> it is a bout sore and it is part of what is dancing. each one a little bit further. we have a lot of winter weather coming. it will be shutting down a lot of flights from philadelphia of to boston. they will get hammered later on this afternoon into tonight. philly, new york, baltimore, i do expect it to turn into rain. the snow will pileup northwest of those cities. 30 miles will make a big difference between four to 8 inches of snow and sleet and freezing rain on top of it. that whole major core door right on the battleground, it is almost all snow and up to
the election, it's as if the differences between the two sides have hardened even more, and even if they do something small to prevent serious harm to the economy, what does that even say about the potential for tax reform in the coming year? what's that say about the potential to really try and write our nation financially? that will not get done. i mean, what it going to take to get them to act responsibly in the best interest of the country? >> well, you know, the lubrication for democracy is for people who feel differently to come together and reach compromise. i mean, that's always been the way things worked, and i served in congress for 30 years with people who, at the end of the day, even though they felt differently and strongly about things r they wanted to come together understanding they needed to compromise. you know, you mentioned, for example, tax reform. we need tax reform in the country, and i was in the 1986 ways and means committee, and reagan was president, democratic congress, it was hard to do, a long time, but we did it, and in the end, it required a lot of compromise
customers have the opportunity and i believe we all have a responsibility to send our elected officials a respectful but pointed message, urging them to come together to find common ground. this is not the first time starbucks has taken a political stand. during the debt ceiling debate in august 2011, schultz made a splash calling for boycott of political contributions it u.s. lawmakers until they struck a bipartisan deal. starbucks shares at this point down slightly, 48 cents. imagine john boehner going into starbucks and they write on the cup, come together. hello. lori: boehner, this is directly to you. tracy: exactly. howard schultz is on the campaign to fix the debt. he is one of the ceos that has come out. lori: he has nothing to lose being advocate, being outspoken. the stock is healthy the company is thriving. talk about where crowds are right now, any starbucks on any corner. tracy: i hope they do it with a big black sharpie. come together. write it on the cup. lori get the latte. lori: if washington gets back together and we get a debt deal and economy picks up? that is big if
, other big story today is the continuing yen/dollar/euro data. abe is elected, now he's in power. the bank of japan is going to be meeting january 21 and 22. they're going to raise their inflation target 2%. the yen is at 85 right now. a lot of people are betting it could go to 100. that trade is not yet over. so that is the hot trade that's out there globally right now. number three, i'm pretty optimistic on housing. you saw the numbers on case-shiller, 4.3% increase in october. we're still getting numbers continuing to improve. the levels of affordability are great. mortgage rates remain low. this is one of the bright spots for housing, and will be for the economy in 2013. finally, did you see this amusing story? u.s. government is put on a negative watch by china? by china? the credit rating agency in china put them on the u.s. government debt on a negative rating at this point. negative watch. this, of course, was supposedly independent rating agency created in china to try to rival moody's and s&p and fitch's. that's getting interesting play out there. their independence, of
of society, so they are really using a western tool of elections, western election nearing tech niece to establish a disteupblg distinctly western society. the obama administration is going to go down in history having viewed up more of the middle east and any president and administration of our past. gregg: a new controversy after the russian parliament votes to ban americans from adopting russian or fans, wha rophans. what is behind this idea and why russian critics say it victim myselfess kids. >> a newspaper gets its hands-on the names and addresses of gun permit holders and then push hreurbs the information online. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. heather: welcome back. so do you have plans nor new year as of eve? we hope that it includes fox news' all american new year's eve starting at 11:00pm eastern on new ye
there. what we gather is the police chiefs don't like it. the elective sheriff, he doesn't like it p. and as we learned from the comments in the newspaper, the gun owners certainly don't like it. that leaves the remaining sector finding the article interesting. >> what do they say about it? >> police chiefs look at it and say, look 40% of these people holding the gun mer mitts are active or retired law enforcement. these are people who may have put people in prison or prison guard who inmates might be looking for their home address and now it's point and click. the other thing is that 8,000 -- i mean if you just take rockland county, 8 thousand either active or retires nypd officers live there. so within the law enforcement community, they say you're giving the people a map to our home addresses that's searchable. >> one of the criticisms here is that potential robbers are going to know who has guns and who doesn't to know which homes to target. how does this make the job more difficult for them? >> it's one of the things you know. i talked to the sheriffs and th
to a major change in the tax code? >> maybe they were hoping that they would win the presidential election in 2012 and then have a upper hand event. but you know, they didn't go for the permanent rates, the bush era tax rates when they had the chance in 2010 and the sequester, the automatic spending cuts getting lost in the conversation are something they pretty much set up with the democrats in 2011. >> well, here specifically, here is about the millionaire cut off figure because of course, now the president says compromise going out to 4,000. here is what pelosi said in may of 2012 to speaker john boehner. democrats believe those earning over a million dollars a year should expire and we should use the resulting revenues to pay down the deficit. has anybody called her on that, hey, look, you're only for raising rates for millionaires and above before now you're into the $400,000 level? >> i called her on it last week, and she avoided the question and didn't answer it directly. she said, we were trying to smoke out, that was her quote, smoke out republicans and steny hoyer himself mention
Search Results 0 to 32 of about 33 (some duplicates have been removed)